MORPHO

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.004%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$470.472% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.014%+$1 · spread now −0.004%, 7d avg −0.003%

Together, before fees+0.014%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MORPHOUSDT	2.6620	0.0100	pay 0.0050% / 4h	2h 21m	$16.3M	$26.8M	75x
Short	MEXC MORPHO_USDT	2.6619	0.0100	get 0.0050% / 4h	2h 21m	$5.5M	$1.2M	100x

Funding history

latest

Range statsloading…

MEXC against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee BinancebpFee MEXCbpOrdersPrice spread, now −0.004%Rate

Slippage from Binance: live order book, 5 min ago; MEXC: live order book, 1 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 5 min ago	0.19 bp	16.2 bp −$16	40.7 bp −$407	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.56 bp	6.4 bp −$6	40.1 bp −$401	204.7 bp −$20.5K	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_MORPHOUSD	−0.2053%	1h	2.6556	−0.240%	$83K	$148K	20x	as long as short
Deribit MORPHO_USDC-PERPETUAL	−0.1100%	1h	2.6626	+0.023%	$11K	$911	10x	as long as short
01 Exchange MORPHOUSD	−0.0848%	1h	2.6602	−0.067%	$874	$12K	5x	as long as short
Injective MORPHO/USDC PERP	−0.0385%	1h	2.6460	−0.601%	$37	$161K	5.5x	as long as short
Polymarket Perps MORPHO-USD	−0.0384%	1h	2.6632	+0.045%	$26K	$1.8M	5x	as long as short
GRVT MORPHO_USDT_Perp	−0.0350%	4h	2.6583	−0.140%	$30K	$154K	10x	as long as short
Coinbase International MORPHO-PERP-INTX	−0.0296%	1h	2.6617	−0.011%	$77K	$46K	25x	as long as short
BloFin MORPHO-USDT	−0.0200%	4h	2.6618	−0.007%	$646K	$223K	20x	as long as short
Orderly PERP_MORPHO_USDC	−0.0170%	4h	2.6618	−0.007%	$10K	$34K	10x	as long as short
Gate MORPHO_USDT	−0.0056%	4h	2.6621	+0.004%	$763K	$523K	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MORPHOUSDT	−0.0046%	4h	2.6632	+0.045%	$8.7M	$10.1M	25x	as long as short
Phoenix MORPHO	−0.0030%	1h	2.6606	−0.052%	$34K	$493K	5x	as long as short
Reya MORPHORUSDPERP	−0.0004%	1h	2.6630	+0.038%	$16	—	10x	as long as short
Lighter MORPHO	+0.0096%	1h	2.6670	+0.188%	$318K	$336K	5x	as long as short
Paradex MORPHO-USD-PERP	+0.0100%	8h	2.6639	+0.070%	$5K	$3	5x	as long as short
Hyperliquid MORPHO	+0.0100%	1h	2.6677	+0.215%	$6.3M	$7.2M	5x	as long as short
Aster MORPHOUSDT	+0.0100%	4h	2.6628	+0.029%	$58K	$33K	20x	as long as short
Binance MORPHOUSDTlong	+0.0100%	4h	2.6620	long leg	$16.3M	$26.8M	75x
OKX MORPHO-USDT-SWAP	+0.0100%	4h	2.6638	+0.068%	$3.2M	$4.5M	20x	as long as short
MEXC MORPHO_USDTshort	+0.0100%	4h	2.6619	−0.004%	$5.5M	$1.2M	100x
KuCoin MORPHOUSDTM	+0.0100%	4h	2.6647	+0.102%	$624K	$271K	50x	as long as short
Bitget MORPHOUSDT	+0.0100%	4h	2.6636	+0.060%	$2.9M	$2.0M	75x	as long as short
BingX MORPHO-USDT	+0.0100%	4h	2.6638	+0.068%	—	$1.5M	—	as long as short
Variational Omni MORPHO	+0.0100%	4h	2.6609	−0.041%	$644K	$1.4M	—	as long as short
SoDEX MORPHO-USD	+0.0100%	1h	2.6619	−0.004%	$22K	$3K	5x	as long as short
Extended MORPHO-USD	+0.0104%	1h	2.6616	−0.014%	$103K	$301K	10x	as long as short
GMX MORPHO/USD [ETH-USDC]	L +0.0188% / S −12.8197%	1h	2.6643	+0.086%	$1K	—	100x	as long as short